IDFC Equity Savings Fund-Regular Plan-Monthly Dividend
(Erstwhile IDFC Arbitrage Plus Fund-Regular Plan-Monthly Dividend)
Fund House: IDFC Mutual Fund| Category: Hybrid: Equity Savings |
| Launch Date: 09-06-2008 |
| Asset Class: Mixed Asset |
| Benchmark: CRISIL Liquid (70), NIFTY 50 Total Return (30) |
| Expense Ratio: 2.48% As on (31-05-2020) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 52.74 Cr As on (31-05-2020) |
| Turn over: 96% | Exit Load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
12.35
0.04 (0.3239%)
6.1%
NIFTY 50 TRI 12.51%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
Current Asset Allocation (%)
Indicators
| Volatility | 0.98 |
| Sharp Ratio | 3.11 |
| Alpha | -5.29 |
| Beta | 1.89 |
| Yield to Maturity | 5.05 |
| Average Maturity | 1.65 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| IDFC Equity Savings Fund-Regular Plan-Monthly Dividend | 09-06-2008 | 0.43 | 3.25 | 3.54 | 4.59 | 6.26 |
| Edelweiss Equity Savings Fund - Regular Plan - Growth Option | 13-10-2014 | 4.82 | 5.4 | 6.45 | 6.6 | - |
| Union Equity Savings Fund - Regular Plan - Growth Option | 02-08-2018 | 3.0 | - | - | - | - |
| Kotak Equity Savings Fund - Regular - Growth | 11-10-2014 | 2.77 | 4.53 | 5.67 | 6.53 | - |
| Invesco India Equity Savings Fund - Regular Plan - Growth | 05-02-2019 | 2.69 | - | - | - | - |
| Mirae Asset Equity Savings Fund- Regular Plan- Growth | 29-12-2018 | 2.35 | - | - | - | - |
| Principal Equity Savings Fund - Growth Option | 23-05-2002 | 1.38 | 3.17 | 3.87 | 5.59 | 5.92 |
| IDFC Equity Savings Fund-Regular Plan-Growth | 09-06-2008 | 0.68 | 3.42 | 3.69 | 4.69 | 6.32 |
| IDBI Equity Savings Fund Growth Option | 07-03-2011 | 0.29 | 2.31 | 2.12 | 3.36 | - |
| SBI Equity Savings Fund - Regular Plan - Growth | 05-05-2015 | -0.01 | 2.83 | 3.38 | 5.39 | - |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 65% of total assets and minimum investment in debt - 10% of total assets. Minimum hedged & unhedged to be stated in the SID. Asset Allocation under defensive considerations may also be stated in the Offer Document.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
3.89%
Others
31.51%
Large Cap
53.53%
Mid Cap
11.07%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
